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View Full Version : Cost of Swapping Euro Payments to Dollars Falls for Fourth Day - Bloomberg



NewsWhore
09-28-2011, 09:20 AM
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Cost of Swapping Euro Payments to Dollars Falls for Fourth Day (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH2HQOYwtROqQ3fOmed8dNM-3-09g&url=http://www.bloomberg.com/news/2011-09-28/cost-of-swapping-euro-payments-to-dollars-falls-for-fourth-day.html)
Bloomberg
The one-year cross-currency basis swap declined to 66 basis points less than the euro interbank offered rate as of 12:36 pm in London, from 67 yesterday, according to data compiled by Bloomberg. The rate has fallen from 75 basis points under Euribor on ...

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